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The Cost of Biotechnology Regulation in the Philippines

Author

Listed:
  • Bayer, Jessica C.
  • Norton, George W.
  • Falck-Zepeda, Jose Benjamin

Abstract

This paper identifies direct costs and opportunity costs of bio-safety regulation for four transgenic products in the Philippines: Bt eggplant, Bt rice, ringspot-virus resistant papaya, and virus resistant tomatoes. It finds that direct regulatory costs while significant, are generally smaller than the research costs for technology development. However, both research and regulatory costs are overshadowed by even a relatively brief delay in product release, which may occur due to unexpected regulatory delays.

Suggested Citation

  • Bayer, Jessica C. & Norton, George W. & Falck-Zepeda, Jose Benjamin, 2008. "The Cost of Biotechnology Regulation in the Philippines," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6507, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea08:6507
    DOI: 10.22004/ag.econ.6507
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    References listed on IDEAS

    as
    1. Nicholas Kalaitzandonakes & Julian M. Alston & Kent J. Bradford, 2006. "Compliance Costs for Regulatory Approval of New Biotech Crops," Natural Resource Management and Policy, in: Richard E. Just & Julian M. Alston & David Zilberman (ed.), Regulating Agricultural Biotechnology: Economics and Policy, chapter 0, pages 37-57, Springer.
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    More about this item

    Keywords

    Food Consumption/Nutrition/Food Safety; Research and Development/Tech Change/Emerging Technologies;

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